Description

Previous Year Nios Question Paper with Answer Accountancy (224) Class Senior Secondary Exam Session October/November 2024

If you are here, Nios Accountancy (224) Solved Question Paper November 2024 Exam Class 12. you have to grab it now for best exam practice & know the examination pattern for upcoming exam. Check Sample – https://www.youtube.com/playlist?list=PLR_YKO4FmoJpDXSiu-oq-61ae5qWSKj6X

ACCOUNTANCY

(224)

Time: 3 Hours]                                                                                                                                          [ Maximum Marks: 100

Note :

(i) This question paper consists of 45 questions in all.

(ii) All the questions are compulsory. Internal choices are given in some questions.

(iii) Marks are given against each question.

(iv) Section – A consists of

Q.No. 1 to 20 that are Multiple Choice Questions (MCQs) carrying one mark each. Select and write the most appropriate option out of the four options given in each question. An internal choice has been given in some of questions.

(v) Section – B consists of

Objective type questions. Q. No. 21 to 23 carry 2 marks each and Q. No. 24 to 29 carrying 4 marks each. Attempt these questions as per the instructions given for each question.

(vi) Section – C consists of

(a) Q.No. 30 to 35 – Very Short Answer type questions carrying 2 marks each to be answered in the range of 30 to 50 words.

(b) Q.No. 36 to 41 – Short Answer type questions carrying 3 marks each to be answered in the range of 50 to 80 words.

(c) Q.No. 42 to 45 – Long Answer type questions carrying 5 marks each to be answered in the range of 80 to 120 words.

(1) Answers of all questions are to be given in the Answer-Book given to you. (2) 15 minutes time has been allotted to read this question paper. The question paper will be distributed at 2:15 p.m. From 2:15 p.m. to 2:30 p.m., the students will read the question paper only and will not write any answer on the Answer-Book during this period.

SECTION – A

(Question No. 1 to 20 are MCQ of 1 Mark each.)

1. Which one is not a tangible asset? 1

(A) Stock                                                           (B) Computer

(C) Plant & Machinery                                   (D) Computer software

Ans. (D) Computer software

2. Stock is valued at: 1

(A) Cost price                                                                                (B) Market price

(C) Cost or market price whichever is less                             (D) Cost or market price whichever is more

Ans. (C) Cost or market price whichever is less

3. The nature of capital is: 1

(A) an asset                                                                                   (B) a liability

(C) an income                                                                               (D) an expense

Ans. (B) a liability

4. According to the Business Entity Concept: 1

(A) Transactions between the business and its owners are not recorded.

(B) Transactions between the business and its owners are recorded considering them to be one single entity.

(C) Transactions between the business and its owners are recorded from the business point of view.

(D) None of the above

Ans. (C) Transactions between the business and its owners are recorded from the business point of view.

5. Expenses like rent, commission, insurance etc. are recognised on the basis of period to which they relate and not when they are paid, it is based on: 1

(A) Matching principle                                                                               (B) Materiality

(C) Going concern concept                                                                       (D) All of these

Ans. (A) Matching principle

6. According to which of the following concepts, business is considered distinct from its owner? 1

(A) Business Entity                                                                                      (B) Going concern

(C) Matching                                                                                                 (D) Consistency

Ans. (A) Business Entity

7. Same method of depreciation is used year after year, based on: 1

(A) Going concern concept                                                        (B) Consistency assumption

(C) Cost concept                                                                           (D) Matching concept

Ans. (B) Consistency assumption

8. Additional amount, introduced by the owner in the business, is known as: 1

(A) Assets                                                                                       (B) Profit

(C) Drawings                                                                                  (D) Capital

Ans. (D) Capital

9. As per Double Entry System, salary paid ₹ 1,500 will reduce the cash and_____. 1

(A) Reduce capital                                                                        (B) Increase liability

(C) Reduce expenses                                                                   (D) Increase capital

Ans. (A) Reduce capital

10. Invoice is a source document for the purchase of goods_______. 1

(A) for cash                                                                                    (B) on credit

(C) on cash or credit                                                                    (D) None of these

Ans. (B) on credit

To Get Complete Solution of Nios Accountancy (224) Solved Question Paper November 2024 Exam Class 10 – Just Download it in PDF

File download link will appear after payment. Purchase invoice with Download link will be delivered to your mail-id also. (Enter Email-id correctly)

Why Previous Exam Question Papers is Valuable for You?

1. Understanding Exam Pattern:Previous papers help you understand the format and structure of the exam, including the types of questions (e.g., multiple choice, short answer, essay) and the marking scheme.
2. Identifying Important Topics: Often, certain topics are frequently repeated in exams. By reviewing old papers, you can spot patterns and focus on areas that are more likely to be tested.

3. Know How To Manage Time: Practicing with past papers helps students learn how to manage their time during the exam.

4. Boosting Confidence: Familiarity with past papers helps reduce exam anxiety, as you become more comfortable with the types of questions they might face. This boosts confidence going into the exam.
5. Self-Assessment: Solving previous papers allows students to assess their preparation level. They can identify areas where they are strong and areas where they need more revision.

6. Improving Answering Techniques: By reviewing past papers, students can practice writing concise and accurate answers, improving their ability to present information clearly and effectively.

7. Understanding Marking Scheme: Past papers come with marking schemes or suggested answers. These give you insight into what examiners are looking for and how to earn maximum marks.

We Also Provide Nios Online Admission Support & Nios Study Material Guide Books / Sample Papers, Nios Solved Assignment, Nios Practical Notes etc.

Direct Download link : Nios Solved Assignment (NIOS TMA) All Subjects For 10th & 12th Class CLICK HERE

For Any Inquiries WhatsApp : +91 9643289714, 9990177029
Please Visit Our Website : www.pkkapri.com , Our Blog – http://pkkapriandco.blogspot.in

Declaration/Note..

1. The Goods/Product sold are end user consumption and not for resale.
2. This is digital product this is not refundable or changeable please read all the details carefully before buying.
3. Sharing or Distribution of this file or any portion of this file without my consent by Site/Blog Owners or Youtube Channel Owners will lead to DMCA WARNING. Your Blog/Channel will receive copyright INFRINGEMENT NOTICE.

THANK YOU FOR YOUR ORDER